Tempest in a tea pot. OF COURSE the claims belong to KATX - automaticamente !!!!!!!!!!! As a Company Insider a person SIMPLY CANNOT acquire assets for HIMSELF. ESPECIALLY if he is on a Company payroll. Perhaps a tiny problem though for Ken and his Brothers. Do those claims go to KATX or KATG ? No big deal anyhow because they are just moose pasture claims and virtually worthless. As for any new financing since Nov. that we have not been told about -- don't hold your breath. This Company is almost DEAD. Very very very close to a COMPLETE FAILURE - except for the one time it was irresponsibly hyped to 25 cents and brought huge losses to a bunch of innocent newbies.
Actually,no!Private ownership is private ownership.To be legally owned by a company,it has to converted to the company name.No different if the company was in chapter 11,those private claims can't be touched.Unless there is a contract signed between worker and company that states there can be no private claims.But it still has to have ownership changed.
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